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in ohio, governor romney will be there 21 times. so let's get to our special panel. adam smith is the political editor, chris booker, wcmh and larry sabado. larry, let me start with you. the state of virginia, last time it was the closest to the country, the national popular vote. it was the one point off if you will of what obama -- mccain's numbers were, does the winner of the popular vote win virginia, larry? >> i think virginia is very very, close, chuck. i think you could argue that virginia is one of the two or three closest states in the country right now. it's funny to have a panel of florida, ohio and virginia. florida and ohio are used to this attention. they get it every four years. we used to be the bulgaria of american politics and now we've turned into the paris. or that's how we feel. i would say on the whole, having talked to both sides repeatedly, they both insist that they're trackings show their candidate up a point or two. and i have no reason to disbelief them. that leads me to believe that it's very close. president obama would love to have virginia, becau
's go down to adam smith in florida. you guys had a poll out today, 51-45 that had romney ahead. this seems to be the same story that larry is hearing in virginia, i am hearing in florida, where the two sides insist they're ahead because they believe in two different worlds what the electorate is going to look like. >> i hear the same thing that both sides are convinced they are hearing, up by a point or two and this is a margin of error race. today was the last day of early voting in florida. democrats are up about 104,000 votes over republican votes, but that's significantly less than the advantage they had four years ago. >> a number i heard adam was 160, i think, is what somebody told me if they get to 160, 200, somewhere in that range, they think they can win -- that they'll get enough on election day to pull that off. that sounds like they're going to fall short. >> it's sounds like they're going to fall short and we've got early voting lines of five hours or more in places like miami. i saw a thousand people waiting in line in st. petersburg today. if they come slightly s
is completely beyond me. lou: congressman adam smith's with a new take on the spin. we will take up the implications of today's revelations with a number of experts and insiders. former cia covert operatives. the louis gomer, and to leading doctors here to psychoanalyzed it all. in washington that is a lot. our first guest has a deep understanding of the way the intelligence community works. joining us now, former cia operative, the highly decorated operative who served 23 years in a clandestine service. he worked as chief of station in the middle east and latin america -- let america. the first question has to be, the former cia director saying that he does not know what happened after the cia send over their memorandum. that isn't the one he delivered, and the changes had to be made subsequently. the cia director, by the way, you anticipated when you were on this broadcast a few years ago saying that it had to have originatedin -- the changes, the flow from the white house to the united nations ambassador had to occur either in the state department of the white house itself. >> i
in libya. we will talk to adam smith who is defending ambassador rice. a lot of folks are still in desperate need after hurricane sandy. later in the show, we will show you how you can help with these efforts and about many other worthy causes as well. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit today for a special trial offer. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business ca
president bush did and he won that county 62%, 37%. it shows you the huge growth. let me bring in adam smith because he is probably the most prolific political reporter these days at the tampa bay times. he lives in the i-4 corridor. he is probably one of these people that has said over and over again how the i-4 corridor, so goes the presidential election and yet, adam, we now have three elections in a row including governors races where the democrats carried the i-4 corridor and they actual ly los the governor's race even while carrying the i-4 corridor. what's going on? >> the map is changing and that's because of orange county, osceola and that exploding puerto rican population. i would argue as much as people look at palm beach county as a democratic strong hold, orange county is a more reliable county than palm beach where democrats are shrinking their margins. >> mel martinez, of course, was an orange county elected official. not that long ago. that's where president bush plucked him out of. got him to run for the u.s. senate. here is what he said before the elections about why he tho
that minister's answer questions. so, there is a stash of embarrassing e-mails, isn't there? adam smith had to publish every single one of his e-mails and ended up resigning. why will his -- why will the prime minister not publish his e-mails? can he really be a fit and proper person to judge on the future of press regulation if he will not come clean with the british public? >> there is another rule of this house -- if you insult someone, you do an apology. i have to say, i am still waiting. the fact is that this government set up the inquiry, and i gave all the intimation that they ask to that inquiry. -- information that they asked to the inquiry. >> the owl and the pussycat, mr. speaker, is a coffeeshop in my constituency. they had their business rates hiked up by 7%, and they're coming after the money even -- 700%, and they are coming after the money even though though they have not heard the appeal. that means they might have to close and jobs will be lost. this is not unique to wales. can the prime minister come to the rescue? >> i have every sympathy with the business that he mentio
there is a stash of embarrassing e-mails, isn't there? adam smith had to publish every single one of his e-mails and ended up resigning. why won't the prime minister publish all of his e-mails? can he really be a fit and proper person to judge on the future of press regulation if he won't come clean with the british public? [cheers and applause] >> there is, actually, another rule of this house which is be that you insult someone in this house, you do an apology, and i have to say i am still waiting. the fact is, it is this government that set up the lev szob inquiry, and -- leveson inquiry, and i gave all the information asked to that inquiry. >> [inaudible] >> the honorable -- [inaudible] pussycat, mr. speaker, is a coffee shop in my constituency. they've just had their business rate hiked up by 700%, and the chancellor's coming after the money even though they haven't yet heard the appeal which means it might have to close and jobs will be lost. can the prime minister come to the rescue? is. >> i have every sympathy with the business he mentions. of course, business rates are a devolved
influential idea of adam smith that markets would read to the efficiency of the economy. and ken arrow was the person who actually proved, the circumstances under which it was correct. so anybody who talked about the wonders of the free market, he was the one who actually showed that adam smith was right. but in showing he was right, he also understood that it was only right under very restricted conditions, and the healthcare sector was one condition in which it was never right, and similar to my own work on economics of asymmetric information -- >> core understanding. >> what it showed is the reasonable the invisible hand seems invisible is that it's not there. and this gesture is a real case on point. >> just to add, all abstract reasoning, but thenk at reality and it's overwhelming. the -- looking across countries can the united states has the most market oriented healthcare system and the most expensive without getting better results. >> we're ranked 37th in the world in the world health organization in terms of quality. >> within the united states, although medicare is very expen
another book, maybe two more books on the same thing. unfortunately, we keep in mind what adam smith said in the wealth of nations in 1776. the talk turns to a conversation against the public interest to lower wages. sorry number of big corporations have tried to work the rigors of market competition, create monopolies and duopolies, artificially raise prices, provide very poor service to other countries in the world that in a few cases but lives at risk and how we don't have a ballot system focus on competitive ones. >> now, we'll go through some of the specific examples and i think everybody probably has their favorites to jump out of them. but to you, what was the most egregious? tell us a little bit about it. >> has been the most egregious story in the book is bob manning. manning is a 26 roofline in for the electorate power company in upstate new york on monday in february 1962, as he was coming down off the powerful, electricity got was a at first the pavement, paralyzed from the neck down. and about the next nice and when he called "the new york times" looking for help because they
it in the republican camp is because it leans slightly republican. one of the reporters down there, adam smith of the tampa bay times says romney probably has a lead in that corridor that often determines florida elections. but at the same time, he says the obama camp has been doing an extraordinary job in mining the maximum out of the heavily democratic south florida area. that could even it out. the reason romney is there is because his lead is very tenuous. i think he does have a lead. but we're talking about a point. we're not talking about three or four points. so that's why you have to keep the pressure up. that's why he's in florida. that's why he's in virginia. frankly, it's why the president is going to was which is and to ohio. it's to keep the pressure on, to keep their narrow leads intact. >> let's talk about wisconsin. because president obama does have a narrow lead there. ten electoral votes for grabs. mitt romney, though, has striking distance. he also has paul ryan on the ticket. >> yes. wisconsin has tightened, in my view. it was once broader for obama than it is now. but, of
is going on. and unfortunately we need to keep in mine what adam smith taught when he wrote "the wealth of nations" in 1776. seldom to businessmen gather than the subject comes to raising prices prices and lower. and big corporations have tried to work the rigors of market competition artificially raise prices, provide very poor service compared to some other industries or countries -- in a few cases literally put lives is a risk, and how we don't have a balance system focused on competitive markets. >> host: we'll go through some of these specific examples, everybody that talks to you has their favorites. but to you, what was the most egregious. >> guest: a man named bob manning, a 26-year-old lineman for the electric power company in upstate new york. niagra mohawk. and one day in february of 1962, as he was coming down off a power pole, a bolt of electricity went loose and he fell to the payment, paralyzed from the neck down. i met bob when he called "the new york times" for help because he cooperate collect his workers compensation benefits 35 years later. that's not the egregious
weighted by their political clout, or is it better to have adam smith invisible hand management that process? by the way, they've been doing a good job already for three years. the deficit has come down by one-third and growth has continued. i feel much better if there's no grand bargain, there's continued gridlock, and the private sector continues to manage the fiscal deficit on a slow but steady hand. >> see, we agree, jim. i agree on the invisible happened. the problem is we're getting the back happened. that's the problem. >> i think, like you said, rick, that the economy can even overcome the worst government. we're still managing to reduce the deficit even though the government is doing nothing. >> see, so we do agree. >> i hope for gridlock rather than a grand bargain. >> all right. we'll leave it there, gentlemen. thank you. >> thanks, guys. >> we will agree. 15 minutes before the closing bell sounds for the day. we have a market off the the worst levels of the session. down 37 points. certainly off the lows. >> a lot of questions if this is being thought about on the fl
on the same thing about what's going on. unfortunately we need to keep in mind what adam smith taught when he wrote "the wealth of nations" in 1776. seldom to businessmen gathered together even for merriment of the talk goes to conversation against the public interest to raise prices and lower wages. and what a document in "the fine print" is how a number of big corporations have tried to work the rigors of market competition, create monopolies, duopolies and oligopolies, artificially raise prices, provide very core poor service compared to some interest in other countries of the world. and in a few cases put lives at risk. and how we don't have a balanced system focus on competitive markets. >> host: is there can we'll go through some of this specific examples and a think everybody who talks she probably has their favorites here but to you, what was the most egregious? what stands out to you as being the most egregious and tell us a bit about it. >> guest: the most single agreed to star in the book is about a man named rob manning. bob manning was a 26 year-old lineman for the electric power
with us today along with congressman adam smith. ben, thanks for coming in. you have been working in eastern congo for many, many years. one thing we saw this week is, rebels march through this country. >> one of the things that we're hearing from our people here, the schools that we're funding, rebels are hiding in. you're hearing all kinds of brutal, terrible stuff that you hear about. >> this war has taken lives of millions. >> indeed. this war, since '96 and '98, conservative estimates are 3 million people have died. which is a hard number to imagine. you can imagine if this was happening in western europe, it would be a galactic event. people would be paying a lot of attention to, but it's in central east africa. people feel it's removed for our lifetime. >> earlier this week, you sent out a tweet urging america to insist on a cease-fire. what can we do right now that we're not doing? >> we have a lot of levers there. we can engage in the kind of high-level shuttle diplomacy that was so effective with gaza. ambassador rice to the united nations. peacekeeper agency, which we'r
leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to have the name. >> you know what the invisible hand is, at a minimum. >> only too well. >> first of all, before we get into the details of the fiscal cliff, what would you say to americans who don't understand why congress is gone on vacation this week when there's such a huge bit of work -- or piece of work that needs to get done this week when it comes to the fiscal cliff or before the end of the year? >> first of all, we're not on vacation. i'm in my district right now driving through the rain in the pacific northwest. visiting businesses and schools and a big part of our job is listening to our constituents and interacting with our constituents and talking to them about the issues. when we're at home in our districts -- i know ev
adam smith say that the notion that a talking points were changed is completely wrong. still, we get diametrically opposing information. thank you for being here. megyn: thank you we will speak with the israeli ambassador to the united nations about what is looking like a possible ground war in the city of gaza. stay with us. megyn: more breaking news on our top story today. israel reportedly closing a series of roads heading into gaza. that comes just moments after the reuters news service report. asking to mobilize some 70,000 israeli troops. just think about that. 75,000 israeli troops, in what is being called preparation to a likely invasion of that area. this is not good. this is not there, folks. earlier today, the first time since 1970, at least two rockets were fired at jerusalem. no casualties reported, but that was one of a series of attacks. tel aviv and other israeli towns, many that are often not in the crosshairs that we see in that region. coming up, the israeli ambassador to the united nations is going to be here live. on this important day, you'll se
? megyn: some on the other side of the aisle from you in the senate and over in the house, including adam smith a democrat have come out and said, look she came out and she said that this was a spontaneous demonstration, that it was not preplanned, but they say why can't it have been both a spontaneous demonstration and a terrorist attack? why couldn't what she was saying be technically true that it was spontaneous but it was a spontaneous act by a bunch of terrorists? >> well, why was the consulate left open after months of urging that we need more moreno reinforcements. i blame the president for allowing the consulate to stay open after the british closed theirs and the red cross left. there were multiple attacks one in april and one in june. multiple warnings from ambassador stevens that al-qaida was all over benghazi. megyn: do you think he knew that in. >> he had to if he did not he quit being commander-in-chief. can you imagine a situation where a consulate is attacked, a hole is blown in the wall, the president goes out in the public the next day and somebody asked him, what do you
's news headquarters. >>> fair and balanced, joining us with his thoughts on egypt, adam smith of washington state, ranking member of the house armed services committee. welcome back, thank you for your time. >> thank you for having me on. i appreciate the chance. >> i want your impression on what's playing out in egypt, what the u.s. should or shouldn't do now that president morsi declared what many say gives him absolute power. >> it's a very difficult, dell kuwait situation through the north africa and the middle east as they transition from the -- try to transition from the auto accurate tick government to one run by the people. chris talked about the first election, what about the second. what morsi has done is troubling. we need a real democracy that represents the people in egypt and should make strong statements in opposition to moves like this. >> shannon: we did get a statement from the state department friday in response to what morsi proposed suggesting the revolution was about making sure no power was concentrated with any one person and urging egyptians to get bac
example of adam smith's invisible hand. we went through, put through the dodd-frank legislation, created a consumer protection bureau to tighten down on this stuff, and what happens? the market finds a way. they did. they go to costco, wal-mart, set up loans, construction loans, small business loans, mortgage refinancing, probably not originations, but mortgage refinancing, but that's typical because a lot of the small and mid tier banks got really harmed by dodd-frank, and they have not taken the language out of the legislation. their entering the fray and teaming up with some of the retailers to skirt the market. cheryl: an example why the retailers think it's a great idea. profit motives, ceo of wal-mart said we want one-stop shopping. they tried to credit a bank, ended in 2007, abandoned it because of washington, but wal-mart example, 25% of the customers do not have bank accounts, the consumer on the advocates side is they launch huge fees against customer, and that's unfair practice. >> i'll point out something. the consumer protection bureau and dodd-frank strangled fees saying yo
of the south carolina. we will see adam smith from washington and a ban affleck who directed "argo." on me to the press, carl levin, peter king, and gregory meeks. we will also see the chairman and chief executive of honeywell international. our next call joining us on the independent line. we have pat from tennessee. caller: you made the statement a few minutes ago, exactly my thought. when you have senators and representatives of their in congress, then they are representing the states. that is how the states have a say in the budget talks. i noticed a while back they talked about reducing your marks. that is when they put things in that they want to add to the budget, things that the one for the states. that is how they are represented already. thank you. host: thank you. what you were quoting was eight tweet that came in that said states already have a say by sending members to the house and senate. democrats line. caller: i think today pose the question is interesting. this was one of the first questions addressed by congress back in the summer of 1787 at the constitutional convention
a five-year plan, adam smith has never planned anything in his life or afterwards. >> they went from people living in broken down tenements in urban centers to satisfying the demand that was there to now half empty buildings and totally overbuilt situation. doesn't that set you up for a couple of years of not growing at 10%? >> i think 10% is probably too high. they've done it for 30 years and now they move to more like a 7% to 8% growth trajectory but 15 million to 20 million people per year are moving from the countryside to the city. it's a field of dreams approach. when you build it, they will eventually come. this idea there are ghost cities all over china misses the future rural urban migration which is a very powerful story, ongoing in china. >> it's on the upswing. in your view we've seen -- >> we've seen the low in terms of the gdp, the production, the trade figures, we're not rebounding vigorously but china will be moving up what into 2013. >> i think i have a minute or two left. the u.s. consumer we have been anecdotally thinking that we've turned the corner there and this
mckeon and ranking member adam smith for putting this provision in the defense authorization bill that is now pending. this bill will be considered, i suppose new york conference by the house and the senate. it is in the house bill. we regret it is not in the senate bill and so the delegates and i have come to the floor to ask that the senate follow the lead of the house. -- of the house on this matter of common courtesy and respect. delegate sablan's provision in the house-passed bill simply requires that the flags of the territories and of the district of colombia be respected when the armed services chooses to honor the flags of the states. i have in addition written a letter to the president asking for a presidential memorandum can directing all federal agencies to do the same. i regret to report that the army alone recognizes the d.c. flag and the flags of the territory as a matter of policy and i want to give one example that i think will make the house understand why this is so important to us. a mother wrote me of having attended the graduation of her son from the naval st
. these are basic economics. adam smith talked about these years ago. this is in one of john f. kennedy's news conference in 1962 as he was providing the largest tax cut in modern american history he said this, he said it's a paradoxical truth that tax rates are too high and tax revenues are too low. that's where we are today, mr. speaker. tax rates are too high and tax revenues are too low. it's a paradoxical truth that can be true. he goes on. he says the soundest way to raise revenues, that's exactly what we are trying to do when we talk about balanced approach. we need to cut spending. we need to increase revenue. president kennedy says this, the soundest way to raise the revenues in the long run is to cut the rates now. cutting taxes now is not to encourage -- incur budget deficit, but to achieve the more prosperous expanding economy which can bring us a budget surplus. that brought to you by raging conservative economist president john f. kennedy. no, he's not a raging conservative economist, mr. speaker. he was a proud liberal of the democratic party but he knew economic truths. economi
injury. men and women like shawn donahue, amanda haydn writer who was hit by mortar round and ian smith who had post-traumatic stress disorder and melissa simon who came back with post-traumatic stress disorder. and was shot by a sniper. adam burke from florida was hit by a mortar round. what we share with young people is they were at a place in their life that they came back to their communities and were on a new front line and many were afraid and it was difficult. what we did with them at the mission continues was challenged them. we challenge all these men and women the same way we challenge young people in the warrior -- in "the warrior's heart". we challenge them to continue to serve. adam burke was hit by a mortar round and set up his own nonprofit called veterans, julien miller served with habitat for humanity. on donahue became a huge hockey coach and football coach. ian smith did a fellowship at the mission continues and internship in the white house with the first lady's office for her joining forces initiative. melissa steinman became a biology teacher for part of her fellow
, ian st. who came back with -- smith who came back with post traumatic stress disorder. julian who served in the united states marine corps who was shot by a sniper, adam burke from florida who was hit by a mortar round. all of them came back, and what we share with young people when we do this work at the mission comets, what we share with young people is they were at a place in their life where they were on a new front line, and many of them were afraid, and it was difficult. and what we did with them at the mission continues was we challenged them. we challenged all of these men and women in the same way that we challenge young people in "the warrior's heart." we challenged them to continue to find a way to continue to serve. adam burke, who was hit by the mortar round, set up his own nonprofit called veterans farm. julian served with habitat for humanity. sean donahue became a youth hockey and football coach. ian smith did a fellowship at the mission continues and then did an internship at the white house with the first lady's office for her joining forces initiative. melissa e
to what i have heard from traders. it is that key from contagion. melissa: sandra smith, thank you so much. lori: that friday is almost here. retailers hoping to lure you to their website. adam shapiro is here covering the story. i am so old school, i cannot shop on my smart phone. it is too small. >> you turn it sideways and then it is bigger. lori: like i said, i am old school. >> online sales expected to reach new records. as we take a look at video of people shopping for the holidays, keep in mind there will be 147 million people hitting stores on friday. that is down, by the way. last year it was like 151 million people. here is what we will spend. $586 billion. that is a new calculation. they are using a new formula to calculate how much we will spend this holiday season. it is not that we will spend 115 billion more, it is that they are using a new formula. second, how much will you spend? melissa francis, how much do you think you will spend? melissa: a couple thousand. street cleaning rules $749 is how much the average person will spend. cyber sales $96 billion this year. the new
this ran through the currency as well as alcoholism and for the smith family. >> i have a few more questions and then we will open it up to the audience. this is that time travel question that you could interview john quincy adams and we have time for one question, what might it be? >> if i had one question to ask him i would ask are you talking about today's society or his society? >> either way. you could go back or bring him here i guess. >> maybe you should go back. islamic if we went back i would ask him why he didn't try harder to remain president of the united states and get him under his control. he was so brilliant as a congressman and as a senator has the secretary of state. it was truly one of the geniuses in the early american political society, and we could have used his leadership as a president, and i think we might well. he thought the civil war was inevitable that that was an experience in the house of representatives. i think that if he had been president he might have been able to with have averted the civil war and brought an end to slavery in another way. >> ho
with the ranking member on the house armed services committee, congressman adam smith from washington, to repair some of the harm that i believe was done in last year's ndaa. i've filed that bill to this year's ndaa as amendment 3115, along with the chairman of the senate judiciary committee, senator leahy. inow, senators feinstein and pal have a similar but slightly different approach to resolving the problems created by the detainee provisions passed last year. their there are efforts under way to ensure that whatever passage we take is supported by the greatest number of members possible and i look forward to being a part of those important discussions. i know that we addressed this issue in part last year, but in speaking with other members, i know there's a renewed interest in getting our detention policies right. both from the point of view of counterterrorism effectiveness and constitutional protection. i believe both security and freedom are critically important, and i don't think we have to choose one over the other. i want to thank my colleagues for remaining diligent in addressing the
Search Results 0 to 43 of about 44 (some duplicates have been removed)